Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price.
We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!!
Swallow Team
this price never come again don't miss buy right now
no one no about vet blast any time vet going to boom
restest done at 0.025 and vet going to up buy not don't
wait for retest
Show some weak signs:
1: Break Weekly 200 Moving average and retest which also resistance level at 0.02936
2: Break VWAP
if price continue down move
Target
1. Daily 200 MA
2. 0.02298 level
Certainly, I hold this token in my portfolio, comprising no more than 2% of the total balance. I find the $0.025 and $0.017 levels intriguing for accumulation, where I've positioned my limit buy orders. Consequently, I'm prepared for potential further market downturns, which remain a possibility.
- Not financial advice, trade with caution.
✅ Stay updated on...
On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart. We also specified the...
This weekly chart shows price action is overbought and starting to correct. The candle stick patterns 'spinning top' represent buyer / seller indecision/ This tells us neither buyers or sellers are knowing which direction to go. The bears have clearly taken control following this overbought period.
In our last analysis we identified that we were in wave 4 correction and were looking for one more move lower.
We successfully remained below the wave 4 invalidation level, making our current scenario valid.
We are expecting price to move lower to 0.013 to complete subwave 5 of wave C.
Trade Idea:
- look for shorting opportunities with stops above the wave 4...
before buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk...
VeChain (VET) has been immersed in a monumental horizontal accumulation since May 2022, an extended gathering of bullish energy. Recent attempts to explosively breach the upper boundaries faced a swift rejection, potentially fueled by Bitcoin's overstretched conditions. As the crypto giant takes a breather, VET might aim for a retest around 0.02, revisiting an...
Bearish sequences have been formed on the daily frame. Activating these sequences and proving the corrective decline will extend to levels between 0.02261/0.1868 and then move to higher levels. We follow.
Vet/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥.
Remember, this analysis is not financial advice ❌📉. Always conduct your...
Below the technical analysis of BINANCE:VETUSDT
Timeframe: 1 week
The main supports and resistances are indicated in the idea: the down green one is the most important; if we lost it, the project is almost done.
Today marketcap: 2.4B
Price had tapped into the 4h demand at $0.288 where it moved up from leaving another 4h demand zone around $0.3 and it is currently retesting the resistance around $0.34. MACD is bullish, RSI is bought and EMAs are turning bullish. Price needs to break and close above this resistance in order to aim towards the next area of resistance at $0.038.
Vechain has just confirmed it's previous breakout very nicely.
The next impulsive wave will be very powerful and should see VET reach 0.077 at the end of Jan before retracing.
Godspeed.
#VET
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
Price Now 0.02571
First Goal 0.03265
Second Goal 0.03969
Representing 170% of the current price
You must pay attention to the rebound points to be used.
DYOR
If so, NYSE:VET could break through the $0.033 resistance barrier within the next some days. The upswing could send #VET to $0.077 by late January. That's a 150% price increase!
